Grayscale Bitcoin Trust ETF GBTC

Grayscale Bitcoin Trust (the Trust) is an investment vehicle. The Trust's purpose is to hold Bitcoins, which are digital assets that are created and transmitted through the operations of the peer-to-peer Bitcoin network, a decentralized network of computers that operates on cryptographic protocols. Its investment objective is for the value of the shares (based on Bitcoin per Share) to reflect the value of Bitcoin held by the Trust, determined by reference to the Index Price, less the Trust's expenses and other liabilities. The Trust's activities include issuing Baskets in exchange for Bitcoins transferred to the Trust; transferring or selling Bitcoins, Incidental Rights and IR Virtual Currency; transferring Bitcoins in exchange for Baskets surrendered for redemption; causing the Sponsor to sell Bitcoins, Incidental Rights and IR Virtual Currency on the termination of the Trust; and making distributions of Incidental Rights and/or IR Virtual Currency or cash from the sale thereof.

ARCA:GBTC - Post by User

Grayscale Bitcoin Trust ETF

Bullboard Posts

Comment by UpToTheMoonon Sep 05, 2017 4:45pm

59 Views

Post# 26658592

RE:RE:RE:RE:RE:RE:RE:$4469 BTC all time high

thank you , yes i posted about this earlier on the board when i did my own calculation. But i'm not sure about their calculation of the NAV right now . Every bitcoin of the fund received a BCH when the fork happened , was the BCH converted to BTC so we have more BTC ?? or these guys took the BCH for theiselves without mentionning ? anybody has info on that?

Bullboard Posts

Golden Minerals closes Yoquivo gold-silver project sale